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Hand tool sets: top exporters and importers (2024)

In 2024, world trade in hand tool sets totaled $1.5 billion (256 thousand tonnes). China accounted for 52% of exports, followed by Taiwan (13%) and Germany (10%); the top importers were Germany (9%), the United States (8%) and Russia (8%). Compared with 2019, the value rose 18%.

Summary

World trade
$1.5billion
Tonnes
256thousand tonnes
Price per tonne
$5,579
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$755 million · 51.5%
  2. Taiwan$186 million · 12.7%
  3. Germany$147 million · 10%
  4. United States$66 million · 4.5%
  5. Poland$29 million · 2%
  6. Netherlands$29 million · 2%
    re-exports
  7. Spain$28 million · 1.9%
  8. Italy$23 million · 1.6%
  9. France$21 million · 1.5%
  10. Singapore$19 million · 1.3%
    re-exports
  11. Belgium$14 million · 0.98%
    re-exports
  12. United Kingdom$14 million · 0.95%
  13. Vietnam$13 million · 0.86%
  14. Switzerland$10 million · 0.7%
  15. South Korea$8 million · 0.57%
  16. Japan$8 million · 0.55%
  17. Czechia$8 million · 0.55%
  18. India$6 million · 0.4%
  19. Austria$6 million · 0.38%
  20. Sweden$5 million · 0.37%

Top importers

  1. Germany$133 million · 9.1%
  2. United States$116 million · 7.9%
  3. Russia$110 million · 7.5%
  4. Netherlands$92 million · 6.3%
    re-exports
  5. France$92 million · 6.3%
  6. Poland$56 million · 3.8%
  7. United Kingdom$55 million · 3.8%
  8. Malaysia$54 million · 3.7%
  9. Spain$38 million · 2.6%
  10. Mexico$35 million · 2.4%
  11. Australia$28 million · 1.9%
  12. Hungary$28 million · 1.9%
  13. Austria$26 million · 1.8%
  14. Belgium$25 million · 1.7%
    re-exports
  15. Brazil$24 million · 1.7%
  16. Italy$23 million · 1.6%
  17. Switzerland$22 million · 1.5%
  18. Czechia$20 million · 1.4%
  19. Sweden$20 million · 1.3%
  20. China$17 million · 1.2%

Trend

Who sells it

China has been the top exporter since 2002

Value in USD millions. The five largest exporters in 2024.

  • China 755
  • Taiwan 186
  • Germany 147
  • United States 65.6
  • Poland 29.1

Source: CEPII BACI

Show the numbers
Country19952024
China23.4755
Taiwan102186
Germany80.5147
United States33.565.6
Poland0.429.1

Price

Implied price

The price per tonne rose 46% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $5,579

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$3,833
1996$5,054
1997$5,443
1998$4,478
1999$5,295
2000$5,380
2001$6,356
2002$6,158
2003$6,172
2004$5,385
2005$6,305
2006$6,090
2007$4,975
2008$7,346
2009$7,502
2010$7,411
2011$6,121
2012$7,958
2013$8,399
2014$7,934
2015$7,772
2016$9,321
2017$7,956
2018$8,178
2019$7,686
2020$7,632
2021$8,096
2022$7,996
2023$7,576
2024$5,579

What it includes

  • 8206 · Hand tool sets

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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